BEN UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16944District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$9.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$421 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition227,399 bbl$7,167,106
Casinghead gasProduction709,925 Mcf$2,127,337
Total$9,294,443

185,826 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.5459, -96.6126. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.54591, -96.61258 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,230 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,230 ft.

Completions filed
Sep 2021
1 of 1 wells

1 well

42-0513250519,230 ftSep 2021

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 20267111,102106.413.05$79,014
Apr 20269021,11798.932.87$92,440
Mar 20261,26785989.753.15$116,419
Feb 202655212763.503.75$35,528
Jan 2026036259.138.00$2,895
Dec 202517587156.664.41$13,760
Nov 202535184058.593.93$23,863
Oct 20251811,21759.383.30$14,770
Sep 202516817262.743.08$11,070
Aug 2025031663.933.01$953
Jul 202518391666.743.32$15,250
Jun 202518198466.483.13$15,112
May 202518498660.553.23$14,328
Apr 202518391162.363.54$14,640
Mar 20251701,04167.704.27$15,952
Feb 202518594170.884.34$17,198
Jan 202518285874.324.28$17,197
Dec 202419487668.993.12$16,118
Nov 20241821,04769.052.20$14,869
Oct 2024040571.372.28$924
Sep 2024052469.612.36$1,239
Aug 202417884075.632.06$15,196
Jul 202417892079.932.15$16,202
Jun 202418585878.082.63$16,705
May 2024092778.812.20$2,038
Apr 202416694084.451.66$15,578
Mar 202418094980.301.55$15,920
Feb 202418689276.091.78$15,744
Jan 202417884073.023.30$15,768
Dec 202318072071.262.61$14,707
Nov 202317977177.892.81$16,107
Oct 202317388085.443.09$17,498
Sep 202317287989.042.74$17,719
Aug 2023083580.522.67$2,232
Jul 202316861474.852.64$14,197
Jun 202318888768.962.26$14,968
May 202318295070.622.23$14,969
Apr 202318886478.122.24$16,620
Mar 202317490172.852.39$14,832
Feb 202318377975.112.47$15,666
Jan 202319176176.533.39$17,195
Dec 202218685076.415.73$19,082
Nov 202219284885.005.65$21,108
Oct 202214295187.185.86$17,956
Sep 202216894084.888.16$21,934
Aug 202218695794.529.13$26,315
Jul 20221681,043101.587.54$24,932
Jun 2022178976115.097.98$28,272
May 2022182998109.378.43$28,322
Apr 2022185940104.226.84$25,708
Mar 2022199981108.885.08$26,647
Feb 202218241891.054.86$18,602
Jan 202216861381.844.54$16,531
Dec 20211751,00871.323.90$16,411
Nov 20211901,01577.435.24$20,027
Oct 20211891,12279.795.71$21,491
Sep 202118379169.865.35$17,017
Aug 2021035266.024.22$1,486
Jul 202117396870.783.98$16,100
Jun 202117297569.493.38$15,248
May 20211801,01563.483.02$14,489
Apr 202117199360.362.76$13,061
Mar 20211801,05961.302.72$13,911
Feb 2021073757.805.55$4,089
Jan 202118094150.412.81$11,718
Dec 202034394144.642.68$17,829
Nov 202016493938.772.71$8,900
Oct 20201841,00536.972.48$9,293
Sep 202016897537.091.99$8,172
Aug 20201781,07039.982.39$9,669
Jul 20201771,10338.371.83$8,805
Jun 20201841,05534.901.69$8,205
May 20201831,07816.921.81$5,053
Apr 2020091214.751.80$1,646
Mar 20201781,25230.341.86$7,725
Feb 20201781,11649.881.98$11,089
Jan 20201721,17257.252.09$12,302
Dec 20191851,23159.012.30$13,754
Nov 20191811,22155.302.75$13,368
Oct 20191681,31053.472.42$12,151
Sep 20193211,36855.052.66$21,306
Aug 201901,38253.112.30$3,185
Jul 20193531,31256.272.46$23,091
Jun 20191741,18452.782.49$12,133
May 20191821,37058.482.74$14,398
Apr 20191741,31062.632.75$14,501
Mar 20191831,39356.803.06$14,660
Feb 20191841,26550.852.79$12,889
Jan 20191751,35146.033.23$12,417
Dec 20181891,37546.594.19$14,560
Nov 20181661,32452.934.24$14,396
Oct 20183571,44261.443.40$26,834
Sep 20181761,29059.543.11$14,488
Aug 20181661,50559.403.07$14,476
Jul 20181921,42265.142.93$16,676
Jun 20181671,30060.183.08$14,050
May 20181831,23865.382.90$15,556
Apr 20181791,20363.842.90$14,917
Mar 20181851,22461.222.79$14,737
Feb 20181781,15061.782.77$14,178
Jan 20181911,25662.874.01$17,044
Dec 20171861,21257.272.92$14,193
Nov 20171781,21655.423.12$13,657
Oct 20171901,24849.292.98$13,089
Sep 20171821,28447.523.09$12,613
Aug 20171671,30445.373.00$11,495
Jul 20171831,36143.873.09$12,230
Jun 20171591,28042.493.09$10,708
May 201701,43645.373.26$4,686
Apr 20171591,31547.933.21$11,844
Mar 20171741,40246.772.98$12,321
Feb 20171521,18950.452.95$11,179
Jan 20171831,19049.413.42$13,110
Dec 20161821,35948.763.72$13,934
Nov 20161761,25742.492.64$10,802
Oct 20161771,32546.193.09$12,270
Sep 20161821,36441.553.10$11,791
Aug 20161801,39041.442.92$11,524
Jul 20161791,43141.622.92$11,635
Jun 20161771,37545.352.69$11,720
May 20161831,37842.521.99$10,525
Apr 20161771,28936.561.99$9,038
Mar 20161811,33933.011.79$8,377
Feb 20161831,27126.472.06$7,467
Jan 20161801,30427.352.36$8,006
Dec 20151851,37432.362.00$8,737
Nov 20151801,21938.792.17$9,624
Oct 20151821,35243.552.43$11,207
Sep 201501,36842.992.76$3,774
Aug 20151681,37940.162.87$10,708
Jul 20151781,44848.152.95$12,835
Jun 20151821,40156.152.88$14,258
May 20151841,37755.212.96$14,228
Apr 20151821,40249.822.71$12,862
Mar 20151881,42042.892.93$12,231
Feb 20151881,18144.662.98$11,911
Jan 20151851,34443.433.10$12,202
Dec 20141871,41654.693.59$15,312
Nov 20141821,35170.464.25$18,568
Oct 20141831,48778.303.90$20,130
Sep 20141801,39586.164.05$21,152
Aug 20141701,41289.394.04$20,894
Jul 20143481,57196.564.18$40,169
Jun 20141811,56398.164.74$25,171
May 20141761,80494.734.73$25,199
Apr 201417176895.944.81$20,099
Mar 20141821,15195.895.06$23,272
Feb 201401,14997.406.19$7,115
Jan 20141831,33890.404.86$23,047
Dec 20131891,32891.824.35$23,137
Nov 20131841,35288.853.74$21,403
Oct 20131811,38597.423.78$22,867
Sep 20131751,430104.113.72$23,536
Aug 20131711,437104.253.52$22,889
Jul 20131881,484102.523.72$24,791
Jun 20131721,40594.403.93$21,763
May 20131841,47094.834.15$23,548
Apr 20131871,39693.964.28$23,549
Mar 20133651,48393.623.91$39,974
Feb 20131801,35891.233.42$21,066
Jan 20131901,33591.603.42$21,970
Dec 20121881,44486.773.42$21,251
Nov 20121691,42886.953.62$19,871
Oct 20121701,57189.383.40$20,536
Sep 20121871,43594.672.92$21,891
Aug 20123381,55492.662.91$35,838
Jul 20121781,42985.133.02$19,470
Jun 20121811,39779.822.52$17,967
May 20121801,44091.612.49$20,073
Apr 20121821,439101.652.00$21,374
Mar 20123621,517105.052.22$41,399
Feb 20121811,254101.102.57$21,522
Jan 20121801,30198.092.73$21,213
Dec 20111881,30396.873.24$22,433
Nov 20113461,32095.723.31$37,490
Oct 20111811,49184.983.65$20,821
Sep 20111721,27183.623.99$19,449
Aug 20111811,55483.404.15$21,543
Jul 20111791,36794.144.52$23,026
Jun 20113631,61792.904.64$41,225
May 20111781,35898.134.40$23,449
Apr 20111761,333105.964.33$24,425
Mar 20113581,29496.364.06$39,747
Feb 20111831,25185.644.18$20,901
Jan 20113671,33486.504.59$37,867
Dec 20101801,35685.734.35$21,327
Nov 20101821,31580.843.80$19,704
Oct 20103681,41378.103.51$33,699
Sep 20101831,50672.633.98$19,284
Aug 20103581,76873.684.42$34,191
Jul 20103541,69972.554.74$33,730
Jun 20101791,66170.364.91$20,751
May 20101902,00871.124.24$22,017
Apr 20103631,81081.694.12$37,116
Mar 20101791,95878.394.39$22,625
Feb 20103671,70173.585.44$36,261
Jan 20103771,79574.365.96$38,739
Dec 20091871,91171.445.48$23,839
Nov 20093611,87474.593.75$33,957
Oct 20093642,01072.544.11$34,666
Sep 20091751,91265.543.06$17,329
Aug 20093501,92567.423.22$29,793
Jul 20093592,04461.133.46$29,027
Jun 20091822,02166.163.90$19,913
May 20093672,07054.743.93$28,216
Apr 20093651,95246.773.59$24,074
Mar 20093711,91642.144.06$23,411
Feb 20091921,75532.814.63$14,430
Jan 20093861,96435.865.37$24,391
Dec 20083861,95637.105.98$26,012
Nov 20081991,72155.496.86$22,849
Oct 20083791,90475.246.92$41,695
Sep 20083882,258101.767.88$57,269
Aug 20085652,087114.228.48$82,238
Jul 20083912,166131.0811.39$75,922
Jun 20083772,052131.3313.03$76,254
May 20083932,192123.1711.57$73,777
Apr 20087642,068110.3110.45$105,897
Mar 20081942,110101.909.66$40,160
Feb 20083911,93992.538.77$53,185
Jan 20085881,86190.388.21$68,414
Dec 20072001,15688.337.30$26,107
Nov 20071921,36491.677.29$27,547
Oct 20073801,66582.856.92$43,008
Sep 20073811,55075.846.24$38,573
Aug 20075661,81969.066.39$50,708
Jul 20073792,04170.906.39$39,909
Jun 20073881,99662.007.55$39,123
May 200719299958.747.85$19,117
Apr 200719657659.617.81$16,179
Mar 2007060756.927.30$4,432
Feb 200719558055.108.22$15,510
Jan 200719661950.306.73$14,023
Dec 2006065156.656.92$4,504
Nov 200618366054.207.62$14,946
Oct 200618869954.906.01$14,525
Sep 200618785460.085.04$15,537
Aug 200618697768.717.34$19,951
Jul 200618895569.376.34$19,099
Jun 2006081066.286.38$5,171
May 200619076566.016.42$17,457
Apr 2006092064.397.36$6,772
Mar 200618837556.707.08$13,316
Feb 2006030357.597.75$2,349
Jan 200619154960.598.93$16,477
Dec 2005054154.9413.42$7,258
Nov 200518357354.6910.59$16,075
Oct 2005037758.3413.80$5,201
Sep 200519060461.4512.08$18,971
Aug 200518874361.519.80$18,843
Jul 200518964755.697.84$15,600
Jun 20051931,03852.337.38$17,761
May 200501,04945.226.65$6,977
Apr 200519199649.207.36$16,728
Mar 200518997550.377.15$16,496
Feb 200519086845.226.31$14,071
Jan 200518884443.166.32$13,450
Dec 200418275139.866.75$12,325
Nov 20041901,08845.286.33$15,491
Oct 20041911,05149.706.52$16,340
Sep 200437497243.245.28$21,308
Aug 200401,21842.375.55$6,761
Jul 20041931,29138.286.08$15,243
Jun 2004048036.106.43$3,088
May 20043671,33237.486.49$22,406
Apr 20043761,34234.475.86$20,823
Mar 200401,15934.365.53$6,409
Feb 20043722,06432.455.51$23,443
Jan 20043812,04532.036.30$25,086
Dec 20035502,09930.266.30$29,870
Nov 20033761,92428.804.60$19,670
Oct 20033811,48928.174.76$17,820
Sep 20033791,90026.314.75$18,995
Aug 20033802,02029.765.13$21,671
Jul 20033772,58329.415.17$24,444
Jun 20033711,79028.565.98$21,305
May 20033692,52526.595.97$24,893
Apr 20037452,24026.675.41$31,981
Mar 20033792,43431.146.10$26,640
Feb 20033802,07033.487.93$29,129
Jan 20037522,41330.315.58$36,263
Dec 20027592,10026.914.85$30,618
Nov 20023681,67124.664.14$15,988
Oct 20027502,11626.464.23$28,794
Sep 20023761,80527.443.64$16,879
Aug 20027421,82225.963.16$25,027
Jul 20023711,89424.583.06$14,918
Jun 20023741,94823.733.34$15,378
May 20027502,15824.663.58$26,229
Apr 20027422,11623.653.51$24,980
Mar 20023761,86522.003.10$14,059
Feb 20023791,94018.222.38$11,514
Jan 20027552,10717.172.38$17,969
Dec 20017591,95616.932.36$17,475
Nov 20017452,01418.072.41$18,307
Oct 20013741,66519.782.53$11,608
Sep 20017511,99424.262.25$22,708
Aug 20017362,26324.873.05$25,214
Jul 20017322,29423.933.20$24,851
Jun 20017422,30424.563.82$27,034
May 20011,1102,53225.524.31$39,233
Apr 20017492,53224.685.34$31,994
Mar 20011,1232,60124.545.38$41,543
Feb 20017541,94627.755.77$32,146
Jan 20011,5002,78427.478.40$64,587
Dec 20001,1202,41726.889.12$52,155
Nov 20007471,68032.215.66$33,566
Oct 200036961531.235.15$14,688
Sep 200037518031.875.19$12,885
Aug 20003671,32229.644.54$16,881
Jul 20003702,45228.534.09$20,584
Jun 20007382,93129.304.40$34,512
May 20003612,52027.263.68$19,114
Apr 20007372,83424.513.12$26,895
Mar 20007472,70728.422.86$28,971
Feb 20007402,86027.622.73$28,237
Jan 20005482,86425.272.48$20,952
Dec 19991,1092,86124.282.42$33,861
Nov 19997562,76623.192.43$24,264
Oct 19997303,21920.982.80$24,341
Sep 19997283,25421.752.62$24,356
Aug 19991,0953,20519.262.88$30,306
Jul 19993622,36217.892.37$12,080
Jun 19991,1253,15615.942.36$25,387
May 19991,1253,37415.792.32$25,595
Apr 19997513,18415.102.21$18,371
Mar 19991,1023,05812.471.84$19,364
Feb 19991,1072,8469.981.82$16,221
Jan 19991,0672,79210.381.90$16,380
Dec 19989272,7579.201.77$13,417
Nov 19981,4652,91110.892.19$22,316
Oct 19983641,96212.421.97$8,384
Sep 19987101,83512.592.08$12,761
Aug 19981,0882,71211.301.91$17,467
Jul 19981,1013,03011.742.24$19,705
Jun 19987441,81911.242.24$12,432
May 19987321,93912.622.21$13,516
Apr 19987421,61313.042.51$13,717
Mar 19981,1282,48912.802.31$20,187
Feb 19981,1192,25313.952.30$20,790
Jan 19987202,03514.702.15$14,969
Dec 19971,1151,89516.322.41$22,766
Nov 19971,4752,71218.193.09$35,206
Oct 19971,1072,67619.253.15$29,739
Sep 19971,1292,70817.742.95$28,030
Aug 19971,4923,05017.862.55$34,439
Jul 19971,5002,49217.582.25$31,969
Jun 19971,0772,62117.242.26$24,484
May 19971,4492,34318.972.31$32,896
Apr 19971,0962,18717.882.08$24,152
Mar 19971,4592,45718.951.94$32,413
Feb 19972,1892,81420.492.21$51,060
Jan 19972,1862,45223.483.54$60,007
Dec 19961,8071,26823.32$42,139
Nov 199636371621.97$7,975
Oct 19961,4582,95823.31$33,986
Sep 19961,0622,69422.22$23,598
Aug 19961,4382,91520.26$29,134
Jul 19961,0782,65519.55$21,075
Jun 19961,4473,00418.73$27,102
May 19961,0783,08919.43$20,946
Apr 19961,4372,93421.51$30,910
Mar 19961,4882,86219.38$28,837
Feb 19961,1063,12716.98$18,780
Jan 19961,4773,34317.07$25,212
Dec 19951,4553,35917.19$25,011
Nov 19951,0883,44416.00$17,408
Oct 19951,0783,05415.43$16,634
Sep 19951,8414,33916.18$29,787
Aug 19951,8275,12315.92$29,086
Jul 19952,3445,80415.24$35,723
Jun 19952,1976,70816.41$36,053
May 19952,5196,23817.56$44,234
Apr 19952,5477,22617.73$45,158
Mar 19953,3228,40916.44$54,614
Feb 19952,9427,03216.58$48,778
Jan 19954,0227,58815.92$64,030
Dec 19943,6017,02515.03$54,123
Nov 19943,3657,25415.90$53,504
Oct 19944,0776,58615.58$63,520
Sep 19945,2818,43715.29$80,746
Aug 19947,95512,22016.13$128,314
Jul 199412,30513,24117.56$216,076
Jun 19943,8335,21717.09$65,506
May 19949,42012,27315.88$149,590
Apr 19946,4116,53014.14$90,652
Mar 19941924112.46$2,392
Feb 199435938612.50$4,488
Jan 1994149212.66$13
Dec 199318552812.33$2,281
Nov 199335932614.49$5,202
Oct 199335551415.85$5,627
Sep 1993172515.03$15
Aug 199335476315.66$5,544
Jul 199317969715.46$2,767
Jun 199353756316.79$9,016
May 199336936917.68$6,524
Apr 1993053518.05$0
Mar 199318451418.14$3,338
Feb 199318642617.90$3,329
Jan 1993027516.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                  711 bbl  × $106.41 =    $75,658
Casinghead gas     1,102 Mcf  × $  3.05 =     $3,357

────────────────────────────────────────────────────
Month total                                  $79,014

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/O/16944 is the state's own key, not one this site invented.